Ravens trading Joe Flacco to Broncos

Joe Flacco

The Ravens agreed to trade quarterback Joe Flacco to the Broncos on Wednesday, according to ESPN's Adam Schefter.

The Ravens will receive a fourth-round pick in return, a source told Albert Breer of The MMQB.

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That means Baltimore will have an estimated $31.999 million in available cap space for 2019 given current salary cap projection of $190 million. While he was out, the Ravens turned to rookie quarterback Lamar Jackson, who led the team to a 6-1 stretch run that earned them the AFC North Division title and a home playoff game against the Los Angeles Chargers. But in many ways, he came to embody the city that was his National Football League home for 11 seasons and the franchise he quarterbacked to new heights. Flacco is set to make $18 million in 2019.

New Broncos coach Vic Fangio spent one season in Baltimore while Flacco was with the team. Former Broncos executive Gary Kubiak also was a noted Flacco fan, and his opinions were a strong starting point to selling Denver on the deal. A trade is similar to cutting a player in that it pushes all the prorated bonus money normally spread out over the life of a contract to right now. Since then, Denver has drafted Brock Osweiler (2012 second round), Paxton Lynch (2016 first round) and three seventh-round picks, per SB Nation.

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